ams-OSRAM (OTCMKTS:AMSSY) Shares Up 6% – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price shot up 6% on Tuesday . The company traded as high as $10.60 and last traded at $10.60. 10,392 shares traded hands during trading, an increase of 153% from the average session volume of 4,112 shares. The stock had previously closed at $10.00.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMSSY. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Finally, Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold”.

ams-OSRAM Trading Down 4.2%

The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of -9.24 and a beta of 1.71. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The firm has a fifty day moving average of $9.25 and a 200-day moving average of $6.57.

ams-OSRAM Company Profile

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.